The executive exodus from cryptocurrency hedge fund and venture-capital investor Pantera Capital continues.
Chief Financial Officer Ryan Davis is leaving, according to a person with knowledge of the matter. Matt Gorham, a Pantera strategic adviser with ties to the 19-year-old company dating back to its pre-crypto days, will fill in for him during the search for a permanent replacement, said the person, who added that Davis will remain with Pantera during a temporary transition period.
A Pantera spokesman declined to comment. Davis didn’t respond to a request for comment.
Pantera is a large player in crypto investing and venture capital. Its assets under management stand at nearly $5 billion after the company raised $2 billion in new capital over the past 18 months, according to the person familiar with the matter.